5. Foreign exchange rate quotations Aa Aa An exchange rate is the price of one country's currency expressed in another country's currency. The exchange rates of the euro ( ) and the Japanese yen () relative to the U.S. dollar ($) are listed as follows: Euro Spot Rate 0.5447 / $1 108.4500 / $1 Yen When exchange rates are stated as quotation, the foreign exchange rate quotation represents the units of domestic currency that can be purchased with $1. How many euros can 1 purchase? 0.005525 0.005776 0.005023 0.006279 Direct and indirect quotations have relationship